Tag: GST Return Filing

The Best Way to File GSTR1 Returns

Introduction The GST filing period has begun! “How do I and my tax consultant file GST returns for my business?” – is the one question that is likely to linger on top in your head, among others. This blog suggests the best method for filing…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

34,446 total views, 16 views today

What is Form GST TRAN-1 and when to File it

Businesses having carry over Cenvat credit and Input VAT credit are allowed to carry forward the eligible Cenvat/Input Credit (ITC) from earlier regime to GST. The Cenvat credit including Service Tax will be carried forward as CGST Input Tax credit and VAT including entry tax…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

91,623 total views, 56 views today

GST Return Filing Guide for Tax Consultants

This guide is written for GST Tax Consultants (GST Tax Practitioners). If you are a business owner, you might still find it interesting to read further and forward this to your tax consultant. Topics Covered Introduction Details Required at invoice level Types of clients What are…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

56,380 total views, 39 views today

How to File Form GSTR-3B

This blog post is updated with the GST Council’s decision to extend the return due dates The 17th GST Council meeting held on 18th June, 2017, provided a much needed relief to the businesses across the nation. Listening to the concerns raised by the various…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

276,674 total views, 35 views today

Impact of GST on Traders

On October 14th, 2016 the Confederation of All India Traders (CAIT) signed an MOU with Tally Solutions in order to train their member businesses – roughly 6 lakh traders all over the country, on the subject of GST. While the focus is largely to enable…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

106,191 total views, 112 views today

Tally’s GST-Ready Software Release Plan

With just a few weeks left for the roll out of GST, one of the burning questions on your mind as a Tally user is probably, “How will Tally support my business to become GST Ready?” With this blog post, you will understand Tally’s GST…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

175,242 total views, 50 views today

Life of Chartered Accountants under GST

If one looks at GST, it does seems like a boon for consumers – with the promise of lower prices; for businesses – with the promise of a simplified indirect tax regime; and for the Indian Government – with the promise of higher tax revenues….

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

40,407 total views, 7 views today

How to Determine the Value of Supply when Consideration is not in Money

Valuation of goods and services is an important aspect which determines the amount of tax to be levied. If goods and services are undervalued, it leads to short-payment of tax, leading to non-compliance and resultant legal implications. Overvaluation will result in loss of revenue for…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

52,845 total views, 36 views today

Provisions in GST with Respect to E-Commerce

Electronic Commerce or e-commerce has transformed the way business is done in India. Currently, the e-commerce industry in India is faced with the levy of multiple taxes. Every state has imposed its own set of rules and taxes on the e-commerce industry. The lack of…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

48,283 total views, 13 views today

How to File Your GST Returns

Every registered taxable person has to furnish outward supply details in Form GSTR-1 (GST Returns-1) by the 10th of the subsequent month. On the 11th, the visibility of inward supplies is made available to the recipient in the auto-populated GSTR-2A. The period from 11th to 15th…

Are you GST ready yet?

Get ready for GST with Tally.ERP 9 Release 6

239,459 total views, 20 views today